Teaming up with CLP and Chinachem Group to Enhance Energy Efficiency

Shopping malls play a major role in Hong Kong’s daily life, and improving their energy efficiency can significantly reduce carbon emissions. Hence, the Group always seeks investment opportunities to achieve energy efficiency. In 2023, the Group teamed up with CLPe Group and Chinachem Group (“Chinachem”) for the first time to launch Cooling as a Service (“CaaS”) at Flora Plaza in Fanling, which is expected to save 500,000 kWh of electricity a year.

Flora Plaza is a private housing estate and shopping mall jointly developed by Henderson Land and Chinachem in the heart of Fanling’s residential area. Its two-storey shopping mall covers an area of more than 150,000 sq. ft. and has over 100 shops offering a diverse range of services that have catered for the needs of residents in North District for almost 30 years. The current cooling system at Flora Plaza has been in use since the mall first opened. With the support from CLPe, nine condenserless chillers in Flora Plaza will be replaced with four air-cooled chillers, enhancing energy efficiency and saving space by integrating refrigeration and heat dissipation systems in one unit with a Variable Speed Drive function. The total capacity of the new chiller will also be enhanced to meet the mall’s future business development needs.

The new system will be equipped with the AI management system PlantPRO, which continuously collects and analyses operational data and automatically adjusts the cooling system according to external factors such as indoor temperature to create an optimal indoor environment. It is expected that the new system will improve energy efficiency by 50% and reduce its electricity consumption by 15%, saving around 500,000 kWh of electricity a year, equivalent to the annual electricity consumption of around 160 three-member households or a reduction of around 200 tonnes of carbon emissions